Stocks/Share Market - Angel One

On October 14, Reliance Industries Limited, India’s leading conglomerate, announced its financial results for the second quarter (Q2 FY25) and the first half of the fiscal year ending September 30, 2024 (1H FY25). Reliance Q2 FY25 Results Gross Revenue remained stable year-over-year at ₹258,027 crore ($30.8 billion). Oil to Chemicals (O2C) revenue increased due to …

The Indian agricultural sector is projected to grow to $24 billion by 2025. The food and grocery market in India is the sixth largest in the world, with retail accounting for 70% of total sales.  Agriculture plays a crucial role in the country, as about 55% of the population depends on it for their livelihoods. …

HCL Technologies reported its results for the July-September quarter of FY 2024-25, showing an 11% increase in consolidated net profit, which reached ₹4,235 crore, up from ₹3,832 crore in the same period last year. The company’s revenue from operations also increased by 8.2% to ₹28,862 crore, compared to ₹26,672 crore in the previous year. CEO …

Purvah Green Power Pvt. Ltd., a subsidiary of CESC Ltd., has entered into an agreement to acquire 100% of the share capital of Deshraj Solar Energy Pvt. Ltd. The acquisition, expected to be completed within two days, will make Deshraj Solar Energy a step-down subsidiary of CESC. This aligns with CESC’s strategy to expand its …

In the year 1980, Jagdishkumar M. Gupta established J. Kumar Infrastructure Projects Ltd. We are now regarded as one of India’s top infrastructure firms after all these years. Our proficiency in diverse construction methods has increased, and we have successfully completed difficult projects. Our extensive portfolio of completed projects demonstrates our proficiency in constructing intricate …

Canara Bank promoted the housing finance company Can Fin Homes Limited during the 1987 International Year of Shelter for the Homeless. The Companies Act of 1956 is the law under which the company was formed. Founder Chairman Shri B Ratnakar launched the HFC, the nation’s first nationalized bank to do so. The company was founded …

The Indian equity benchmark indices have turned volatile, with frontline indices dipping after a positive start. Amid this market turbulence, one stock making headlines is Kaynes Technology India Ltd. The stock surged nearly 4% on October 15, 2024, hitting a fresh 52-week high of Rs 5,900, marking a significant milestone since its listing. Year-to-date (YTD), …

KBC Global Ltd Fundraising of Rs. 100 Crore KBC Global Ltd, a Nashik-based real estate developer, is set to raise up to Rs. 100 crore via equity issuance. The board of directors will meet on October 16, 2024, to approve the fundraising plan. The company aims to explore various options, including preferential allotment and warrants, …

Today, on Tuesday, HDFC Life Insurance Company Limited (HDFC Life) is set to announce its financial results for the first half of FY25.  On October 15, 2024, HDFC Life’s share price opened at ₹742.80, slightly up from its previous close of ₹740.60. By 10:41 AM, it reached a day’s high of ₹744.05 and was trading …

Zydus Lifesciences Limited has announced a partnership with the Indian Council of Medical Research (ICMR) to initiate Phase 2 clinical trials for Desidustat in patients with sickle cell disease.  This Phase IIa study is a double-blind, randomised, placebo-controlled, multi-centre trial, aimed at evaluating the efficacy and safety of Desidustat oral tablets. Co-funded and co-monitored by …